Fiera Capital Corp (TSE:FSZ) declared a quarterly dividend on Friday, May 17th, TickerTech reports. Investors of record on Tuesday, June 18th will be paid a dividend of 0.21 per share on Tuesday, June 18th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 6.89%. The ex-dividend date of this dividend is Friday, May 17th.
Shares of TSE:FSZ traded up C$0.01 during midday trading on Thursday, reaching C$12.20. 4,395 shares of the company were exchanged, compared to its average volume of 102,961. The company has a debt-to-equity ratio of 79.23, a quick ratio of 1.09 and a current ratio of 1.35. Fiera Capital has a one year low of C$10.54 and a one year high of C$13.35. The firm has a market cap of $1.27 billion and a price-to-earnings ratio of -230.19.
Fiera Capital (TSE:FSZ) last issued its earnings results on Friday, March 22nd. The company reported C$0.29 earnings per share for the quarter, topping the Zacks’ consensus estimate of C$0.24 by C$0.05. The company had revenue of C$156.96 million for the quarter, compared to the consensus estimate of C$145.70 million. As a group, research analysts predict that Fiera Capital will post 1.37999995217822 earnings per share for the current year.
A number of equities research analysts recently issued reports on FSZ shares. CIBC upped their price target on shares of Fiera Capital from C$14.50 to C$15.00 in a research note on Monday, April 29th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a C$14.00 price target on shares of Fiera Capital in a research note on Tuesday, April 30th. National Bank Financial decreased their price target on shares of Fiera Capital from C$16.00 to C$15.00 and set an “outperform” rating on the stock in a research note on Monday, March 25th. Finally, BMO Capital Markets downgraded shares of Fiera Capital from an “outperform” rating to a “market perform” rating and decreased their price target for the company from C$14.00 to C$12.50 in a research note on Monday, April 1st. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of C$14.00.
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About Fiera Capital
Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients.
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